Posted by Hari on Monday, December 17, 2012 with No comments | Labels: Article, banks, Bonus, British Bankers Assoc
Banks have been caught laundering money, and rigging Libor and energy markets. These are the acts of criminals, not just a matter of "mis-selling" to us consumers. So will our leaders now decide it's time to regulate them properly? So far they've been fined a fraction of the money they've made. Nobody important has been jailed.
Banks tell us: we pay lots in taxes; we create jobs; we'll leave for Hong Kong if you regulate us; blah blah blah.
...or you can sit back and watch our 3-minute fact-based comedy animation...
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